Essentials of Stochastic Processes
Publisher: Springer
Published: March 30, 2001
Language: eng
Number of pages: 281
ISBN-13: 9780387988368
First sentence: The importance of Markov chains comes from two facts: (i) there are a large number of physical, biological, economic, and social phenomena that can be described in this way, and (ii) there is a well-developed theory that allows us to do computations.